Consumer Credit Update for 2Q 2023
South State Correspondent
AUGUST 16, 2023
This data is consistent across regions. We should see a slight increase in production in 2025 and 2026 driven by lower rates. Consumers are going through a revaluation valuing more retail products over travel products (i.e., Home equity lines of credit (HELOCs) and bank card usage are up 24% and 17%, respectively.
195 
Let's personalize your content